Press release
Weather Radar Market Increasing Demand by Production, Consumption and Revenue 2019 to 2024 – Honeywell, Enterprise Electronics Corporation (EEC), Selex ES GmbH, EWR Weather Radar, Vaisala, Beijing Metstar Radar Co., Ltd. And other
Weather radar is used to understand the climatic condition of the atmosphere. This radar is widely used in meteorological and climatological applications. The weather radars help monitor larger weather systems such as systems used for monitoring hurricanes. The demand for such radars is thus high in the aviation industry, as they regulate aviation safety and planning out of weather-impacted activities.The global Weather Radar market is valued at 160 million USD in 2018 and is expected to reach 210 million USD by the end of 2024, growing at a CAGR of 4.6% between 2019 and 2024.
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Overview of the Global Connected Mining Market :
The rise in adoption of new radar by the weather forecaster for improving the weather prediction is one of the factors that help in increasing the demand of weather radar. The changes in the climatic conditions increase the risk of extreme weather condition such as droughts, flooding, and heat-waves. Weather radar systems are used in weather forecasting, hydrological applications, and flood warnings, as they provide qualitative and quantitative data about the atmosphere. Furthermore, these radars are widely used in climate research, which requires ground verification for global precipitation measurements by satellites.
Data collected by these radars is then processed to identify the changes in the climate and environment. Rising prevalence of airplane-related injuries and deaths and increasing damage caused by extreme weather conditions is increasing the demand for weather radars. For instance, according to the United States National Transportation Safety Board (NTSB) analysis, 58,687 general aviation accidents caused due to foggy weather, were recorded from 1982 to 2013. Weather radars are also used across several sectors including agriculture, natural resources, fisheries, construction, aviation, tourism, transportation, and retail. For instance, weather-radar imagery is used to safely route planes around severe weather. Increasing demand for these radars for application in these sectors, in turn, is expected to propel growth of the weather radar market.
Increasing number of aircraft deliveries due to rising number of air passengers is one of the major factors increasing demand for weather radars. For instance, in 2016, the Airbus delivered 688 commercial aircraft. Weather radars enable pilots to make smarter and faster decisions under undesirable weather conditions. It also offer information about presence and intensity of convective clouds along the aircraft’s route, in turn, indicating change in route, thus reducing risks of airplane crashes.
Market Segment by Companies, this report covers
Honeywell, Enterprise Electronics Corporation (EEC), Selex ES GmbH, EWR Weather Radar, Vaisala, Beijing Metstar Radar Co., Ltd., China Electronics Corporation, Toshiba, GAMIC, China Electronic Technology Group Corporation (CETC)
Market segment by Type, Connected Mining can be split into:
Airborne Weather Radar
Land-based Weather Radar
Market segment by Application, Connected Mining can be split into:
Meteorology & Hydrology
Aviation Sectors
Military
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• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Offers a clear understanding of the competitive landscape and key product segments Contact Centers
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